Given our anemic and largely jobless economic recovery, we need more startups -- a lot more of them. Startups -- those younger than six years old -- provide the bulk of new jobs; in 2007, startups accounted for 64 percent of new jobs, according to a 2009 survey by the Kauffman Foundation that looked at startup formation since the 1970s. Unfortunately, creating startups is easier said than done.
Published News
Revitalizing the American Dream
Posted by admin 22 days ago (http://www.inc.com)Expecting Service, Not Product
Posted by admin 73 days ago (http://dlewis.net)
Last week, Johnson & Johnson announced a recall of Children’s Tylenol. A day later, one of my children ran a fever. Luckily, we live in Manhattan, home of Duane Reade and their seemingly bazillion locations throughout the island. As you can see from the map below right, they’re everywhere. In fact, there is one in my apartment building — and twelve (!) others less than half a mile away.
Startups: Don't Hire Frontend or Backend Webdevs
Posted by admin 21 days ago (http://www.trottercashion.com)
I’m tired of seeing job postings asking for frontend or backend web developers. Most small startups (by which I mean fewer than 20 people) don’t have enough work to justify splitting the team into frontend and backend components. Instead, you’re better off splitting your team into subteams for each feature that needs to be completed. Within these subteams, one member may be better at Javascript a
Singapore — a hub for technology startups?
Posted by admin 21 days ago (http://venturebeat.com)
“Singapore — a hub for technology startups” might seem like a message lifted straight from marketing brochures and not in tune with reality on the ground. But we got to experience this phenomenon firsthand by organizing one of the leading technology conferences in Asia, Echelon 2010. While there is a lot of talk about the burgeoning Asian tech-startup scene, this event showcased the continent’s
How to Lose Time and Money
Posted by admin 20 days ago (http://paulgraham.com)
When we sold our startup in 1998 I suddenly got a lot of money. I now had to think about something I hadn't had to think about before: how not to lose it. I knew it was possible to go from rich to poor, just as it was possible to go from poor to rich. But while I'd spent a lot of the past several years studying the paths from poor to rich, I knew practically nothing about the paths from rich to p
Venture Financing and Entrepreneurial Success
Posted by admin 73 days ago (http://blogs.hbr.org)
Does high-quality venture financing increase the success of funded ventures? My co-authors, Josh Lerner of HBS and Antoinette Schoar of MIT, and I define venture finance here to include professional investors in high-growth ventures like venture capitalists and angel investment groups. Other forms of entrepreneurial finance include credit cards, banks, friends and family, personal savings, and so
Why Startups Should Train Their People
Posted by admin 73 days ago (http://bhorowitz.com)
When I first became a manager, I had mixed feelings about training. Logically, training for hi-tech companies made sense, but my personal experience with training programs at the companies where I had worked was underwhelming. The courses were taught by outside firms who didn’t really understand our business and were teaching things that weren’t relevant. Then I read chapter 16 of Andy Grove’s ma
Five Romantic Tips From a New Technical Cofounder
Posted by admin 15 days ago (http://greenhornconnect.com)
Finding someone to start a venture with you is tough business. Being a newlywed and finding many similarities between this and getting married, I always tend to associate seeking a cofounder with dating. So, I've assembled five tips for you that should help set the mood.